VUSB vs. GBIL
Compare and contrast key facts about Vanguard Ultra-Short Bond ETF (VUSB) and Goldman Sachs Access Treasury 0-1 Year ETF (GBIL).
VUSB and GBIL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VUSB is a passively managed fund by Vanguard that tracks the performance of the Bloomberg US Treasury Bellwethers 1-Year. It was launched on Apr 5, 2021. GBIL is a passively managed fund by Goldman Sachs that tracks the performance of the FTSE US Treasury 0-1 Year Composite Select Index. It was launched on Sep 6, 2016. Both VUSB and GBIL are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VUSB or GBIL.
Key characteristics
| VUSB | GBIL | |
|---|---|---|
| YTD Return | 1.75% | 1.85% |
| 1Y Return | 5.57% | 5.20% |
| 3Y Return (Ann) | 2.23% | 2.57% |
| Sharpe Ratio | 5.32 | 4.66 |
| Daily Std Dev | 1.04% | 1.11% |
| Max Drawdown | -1.81% | -0.76% |
| Current Drawdown | -0.06% | -0.12% |
Correlation
The correlation between VUSB and GBIL is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
VUSB vs. GBIL - Performance Comparison
In the year-to-date period, VUSB achieves a 1.75% return, which is significantly lower than GBIL's 1.85% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VUSB vs. GBIL - Expense Ratio Comparison
VUSB has a 0.10% expense ratio, which is lower than GBIL's 0.12% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
VUSB vs. GBIL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Ultra-Short Bond ETF (VUSB) and Goldman Sachs Access Treasury 0-1 Year ETF (GBIL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
VUSB vs. GBIL - Dividend Comparison
VUSB's dividend yield for the trailing twelve months is around 4.91%, less than GBIL's 5.05% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
VUSB Vanguard Ultra-Short Bond ETF | 4.91% | 4.45% | 1.53% | 0.25% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GBIL Goldman Sachs Access Treasury 0-1 Year ETF | 5.05% | 4.77% | 1.37% | 0.00% | 0.81% | 2.20% | 1.70% | 0.74% | 0.11% |
Drawdowns
VUSB vs. GBIL - Drawdown Comparison
The maximum VUSB drawdown since its inception was -1.81%, which is greater than GBIL's maximum drawdown of -0.76%. Use the drawdown chart below to compare losses from any high point for VUSB and GBIL. For additional features, visit the drawdowns tool.
Volatility
VUSB vs. GBIL - Volatility Comparison
Vanguard Ultra-Short Bond ETF (VUSB) has a higher volatility of 0.24% compared to Goldman Sachs Access Treasury 0-1 Year ETF (GBIL) at 0.07%. This indicates that VUSB's price experiences larger fluctuations and is considered to be riskier than GBIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.